Funding you earn now, next payment 04:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.073%
Price spread now: BloFin against Lighter−0.254%90s7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$930.934% of the position
Funding, last 7 days+0.451%+$45 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now −0.254%, 7d avg −0.159%
=Together, before fees+0.361%+ Points / potential airdropLighter: Season 3 · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.095% cheaper against Lighter than usual: you would sell low and buy high (spread −0.254% now, against its 7-day average of −0.159%). If the spread goes back, that is −$9 on $10k: about 31 hours of funding at the current rate (+$7 a day). The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5164 | 0.0096 | pay 0.0012% / 1h | 13m 35s | $118K | $226K | 10x |
| Short | BloFin JTO-USDT | 0.5151 | 0.0340 | get 0.0170% / 4h | 13m 35s | $623K | $507K | 75x |
Lighter JTO
BloFin JTO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $51.24
- Price spread: −0.254% → −0.159%
- −$9.48
- Slippage, 4 orders
- −$81.36
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.6
- Costs to cover
- 0.934%
- Break-even
- 14.0 days
Slippage from Lighter: live order book, 27 min ago; BloFin: live order book, 23 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 27 min ago | 7.70 bp | 26.6 bp −$27 | 47.0 bp −$470 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 7.81 bp | 20.2 bp −$20 | 35.3 bp −$353 | 121.8 bp −$12.2K | doesn't fit |
JTO on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit JTO_USDC-PERPETUAL | −0.0526% | 1h | 0.5153 | −0.215% | $13K | $10K | 10x | as long as short |
| Gate JTO_USDT | −0.0381% | 8h | 0.5161 | −0.060% | $896K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5163 | −0.021% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.272% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.701% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0079% | 8h | 0.5161 | −0.063% | $515 | — | 5x | as long as short |
| OKX JTO-USDT-SWAP | +0.0090% | 4h | 0.5159 | −0.099% | $3.9M | $9.4M | 50x | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0094% | 4h | 0.5154 | −0.196% | $4K | $652 | 10x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5164 | long leg | $118K | $226K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5168 | +0.066% | $7.0M | $3.0M | 5x | as long as short |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
OKX JTO-USDT-SWAP
Orderly PERP_JTO_USDC_mythos
Hyperliquid JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster JTOUSDT | +0.0100% | 4h | 0.5155 | −0.170% | $126K | $217K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5160 | −0.079% | $11.3M | $27.5M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5162 | −0.041% | $7.1M | $14.0M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5151 | −0.254% | $56K | $17K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5161 | −0.060% | $6.3M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5160 | −0.089% | $1.5M | $603K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5163 | −0.021% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5159 | −0.099% | — | $68.0M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5153 | −0.223% | $223K | $266K | — | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5160 | −0.089% | $518K | $1.7M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0216% | 1h | 0.5163 | −0.023% | $269K | $316K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5156 | −0.151% | $2K | — | 50x | as long as short |
| BloFin JTO-USDTshort | +0.0340% | 4h | 0.5151 | −0.254% | $623K | $507K | 75x | |
| Coinbase International JTO-PERP-INTX | +0.0416% | 1h | 0.5161 | −0.060% | $58K | $137K | 25x | as long as short |
| Phoenix JTO | +0.0469% | 1h | 0.5159 | −0.099% | $381K | $110K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0729% | 1h | 0.5158 | −0.120% | $337K | $311K | 25x | as long as short |
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD